chaversdad:
It was a long time ago since i had to think about this but im sure you just need access to the money, not to physically have it in the bank, ie credit cards or an overdraft, might have changed but im sure thats how i remember it
Quite right. When we changed from sole trader to limited, the TC would not accept funds in the sole trader account as classified as a separate business. Just got an overdraft facility with the bank and a company credit card with a credit limit. TC accepted this as available funds with no issue for the new licence.